Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Bitcoin Tops $72K After $280M Short Liquidations — But Rally Looks Fragile
Bitcoin surged above $72,000 after a US–Iran ceasefire triggered a rapid risk-on move across global markets. The rally wiped out roughly $280 million in bearish leveraged positions within hours, pushing BTC up about 6% as stocks also climbed on easing geopolitical tensions.
Despite the sharp move, derivatives data shows limited bullish conviction. Futures open interest rose only slightly, while the annualized premium stayed below neutral levels — signaling traders aren’t aggressively opening long positions. Options markets also show continued demand for downside protection, suggesting many participants still expect volatility.
The ceasefire has been described as a “fragile truce,” keeping downside risks alive. With oil prices still elevated and inflation concerns lingering, analysts warn BTC could revisit the $68,000 region if sentiment weakens. For now, the rally appears driven more by liquidations than strong bullish demand.
#BTCBreaks$71000